Yearly Archives: 2011

Boston, MA - July 11, 2011 - (RealEstateRama) -- On June 20, the Department of Housing and Community Development (HUD) made funding available to help homeowners avoid foreclosure. The funding program – the Emergency Homeowners’ Loan Program (EHLP) – will provide much-needed funds for homeowners who have lost their job or experienced an involuntary decline in income. Homeowners who have received a foreclosure notice may be eligible for a deferred payment loan that will allow them to pay loan arrearages, back taxes and up to 24 months of mortgage payments. The EHLP loans will be two-year, no interest, forgivable loans. Eligible families must make less than 120 percent of the median income.

EUGENE, OR - July 8, 2011 - (RealEstateRama) -- Easy-to-use IDX Broker software has now been integrated onto the website of broker/owner Andrew Nazzaro from Propel Property Company in Somerville, Massachusetts, automatically syncing thousands of Massachusetts MLS Property Info Network (MLSPIN) listings onto his search page. His clients and countless other Boston area home seekers can explore a ucomprehensive database of property listings without ever leaving the comfort of their home or the convenience of the website Nazzaro hosts.

BOSTON, MA - July 5, 2011 - (RealEstateRama) -- MassHousing announced today that it has closed $106.2 million in loans for the redevelopment of the Charlesview Apartments in Brighton, making the transaction the second-largest in MassHousing’s 45-year history for a single rental housing development.

Boston, MA - July 5, 2011 - (RealEstateRama) -- Mayor Menino will declare a longstanding problem property and known site of drug use and prostitution as the first target of his Problem Properties Task Force.

Salem, MA - June 30, 2011 - (RealEstateRama) -- Congressman John Tierney and Professor Elizabeth Warren, Assistant to President Obama and a Special Advisor to the Secretary of the Treasury on the Consumer Financial Protection Bureau (CFPB), met with a small group of local community bankers, mortgage bankers, and realtors yesterday. Congressman Tierney invited Professor Warren to our area to continue her conversation with community bankers as the CFPB begins its mission to protect consumers with reforms to the mortgage process.

Westborough, MA - June 29, 2011 - (RealEstateRama) -- Northland Residential’s continued focus on developing relationships with the highest performing mortgage professionals and real estate agents continues to pay off for their four properties: The Woodlands at Belmont, The Residences at Black Rock, The Villages at Brookside, and The Village at Seven Springs.

Concord, MA - June 23, 2011 - (RealEstateRama) -- Much like Hollywood, the real estate world has its award ceremonies as well, although instead of the Academy of Motion Pictures, the Leading Real Estate Companies of the World (http://www.leadingre.com/ ) hosted the gathering. Congregated for the awards were over 850 real estate professionals, and other connected guests from around the world. Barrett & Company Real Estate (http://barrettandco.com/) was thrilled to accept several Member Achievement Awards.

Boston, MA - June 22, 2011 - (RealEstateRama) -- Mayor Thomas M. Menino today launched Renew Boston’s Residential Solar Pilot program to encourage Boston homeowners to invest in clean renewable energy. The program is possible due to a $140,000 American Recovery and Reinvestment Act (ARRA) Energy Efficiency and Conservation Block Grant (EECBG) for small residential solar photovoltaic (PV) installations by providing matching rebates to Massachusetts Clean Energy Center’s Commonwealth Solar II program.

BOSTON, MA - June 20, 2011 - (RealEstateRama) -- MassHousing has awarded $75,000 to the Mel King Institute for Community Building, which will help Community Development Corporations and their partners build and preserve affordable housing, create jobs and foster opportunities for Massachusetts residents

BOSTON, MA - June 17, 2011 - (RealEstateRama) -- Addressing a group of 200 real estate agents, mortgage brokers, attorneys, home inspectors, and property managers, Attorney General Martha Coakley highlighted today her proposed legislation to address the ongoing mortgage foreclosure crisis that has gripped the Commonwealth.An Act to Prevent Unnecessary and Unreasonable Foreclosures, which is sponsored by Senator Karen Spilka and Representative Steven M. Walsh, requires that creditors take reasonable steps to avoid foreclosure and prohibits foreclosures without appropriate documentation.

WASHINGTON, DC - June 16, 2011 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today announced HUD will speed federal disaster assistance to the Commonwealth of Massachusetts and provide support to homeowners and low-income renters forced from their homes following severe storms and tornadoes two weeks ago.

BOSTON, MA - June 14, 2011 - (RealEstateRama) -- Following up on concerns from tenant-rights groups in Western and Central Massachusetts, the Patrick-Murray Administration’s Office of Consumer Affairs and Business Regulation is urging tenants of tornado-damaged homes to make careful decisions when deciding whether or not to break their lease.

June 9, 2011 - (RealEstateRama) -- Barrett & Company Real Estate is thrilled to welcome veteran Realtor and Massachusetts resident, Lisa Hales. Lisa began her real estate career 10 years ago after 20 years as a successful business owner and property manager. Her prior experiences contribute to her vast knowledge in the techniques of residential real estate construction, municipal requirements and condominium conversion.

BOSTON, MA - June 8, 2011 - (RealEstateRama) -- MassHousing Executive Director Thomas R. Gleason has been selected to speak at a national housing summit in New York City on June 9 sponsored by Standard & Poor’s that will cover a broad range of topics influencing the United States housing market

BOSTON, MA - June 3, 2011 - (RealEstateRama) -- Residents of areas impacted by this week’s tornadoes and storms should be aware that out-of-state entities often pour into an affected region offering repair assistance, and homeowners should instead rely on Massachusetts-licensed contractors, electricians, plumbers, sheet metal workers and other tradesmen to do work.The Patrick-Murray Administration’s Office of Consumer Affairs and Business Regulation registers home improvement contractors, and the Division of Professional Licensure licenses electricians, plumbers, and sheet metal workers. Both agencies offer online systems to check a licensee’s status.